Large organizations have always focused on managing risk, but the technological breakthroughs that have enhanced our world in countless ways have also transformed how leading executives engage in enterprise risk management (ERM). The pervasive and ever-expanding threat of cyber crime means that comprehensive strategies for cyber security are now absolutely essential for all organizations.
Vulnerability Management is a much-talked-about practice in the IT security industry. Whether it is the debate on vulnerability scoring, how to implement a suitable vulnerability management program based on your own resources or even trying to convince leadership a vulnerability management solution alone won’t solve all your cybersecurity issues, the debate is still strong.
You would be hard-pressed these days to remain ignorant of the growth of ransomware incidents experienced by organizations large and small. We’ve seen a ton of press around these events, from CryptoLocker to WannaCry. The impact of this type of malware is newsworthy.
In Part 1 of this series, we looked at some of the metrics that an executive team would want to see to identify how the business risk is trending. It is very important to keep in mind that if the business does not see the information security program as effective and efficient, they will not continue to invest in information security projects. In this part, we will look at the operational level reports that can assist in focusing efforts to reduce the risk to the business.
When you hear about a data breach in the news, it’s usually related to a major company or social media network that has been targeted. The erroneous conclusion would be that the hackers only focus on exploiting security flaws in large organizations, but the opposite is true.
One of the main issues I find across the information security industry is that we constantly need to justify our existence. Organizations have slowly realized they need to spend on IT to enable their businesses. Information security, on the other hand, is the team that is constantly preventing the business from freely doing as they please. IT is seen as a driver of success, and security can be, too. The security team just needs to learn how to enable the business.
When Shelley published his famous poem in 1816, he was telling us that the only constant in life is change. This was not a new concept, even then. Heraclitus proposed the same concept around 500 BCE with ‘Panta rhei’ (Life is Flux or everything changes). Even though we all know and understand this ancient concept, people still have difficulty with change.
A data breach remains a common headline in the news cycle. A different company, website or social network reports a security issue almost daily. If it feels like using the internet has become a risky endeavor, the feeling is accurate. But what exactly classifies an event as a data breach? The world wide web is littered with different security gaps and vulnerabilities. But that doesn’t mean they have been exposed or attacked yet.
It wasn’t a very long time ago when cloud computing was a niche field that only the most advanced organizations were dabbling with. Now the cloud is very much the mainstream, and it is rare to find a business that uses IT that doesn’t rely on it for a part of their infrastructure. But if you are going to add cloud services to your company, you will need to choose between the private cloud and the public cloud.
I have been on the receiving end of many vendor security assessments from customers and prospects. Here are some tips to increase the likelihood that you’ll get a timely, usable response to the next vendor security assessment that you send out.
